$4 billion inflows keeps flat market ticking over

The cryptocurrency market cap saw net inflows of $4.1 billion over the last 24 hours and currently stands at $1.09 trillion — up 0.4% from $1.09 trillion.

During the reporting period, Bitcoin and Ethereum’s market cap grew 0.7% and 0.8% to $461.18 billion and $201.77 billion, respectively.

The top 10 crypto assets posted a mixed, flat performance over the last 24 hours. The top gainer was BNB, with a 1.3% gain. In contrast, Polkadot brought up the rear, losing 1.9%.

Top 10 cryptocurrencies
Source: CryptoSlate.com

In the last 24 hours, the market caps of Tether (USDT) and USD Coin (USDC) increased to $70.7 billion and $42.24 billion, respectively. Meanwhile, Binance USD (BUSD) fell to $11.54 billion.

Bitcoin

In the last 24 hours, Bitcoin increased 0.7% to trade at $23,894 as of 07:00 ET. Its market dominance stayed flat at 42.2%.

During the reporting period, BTC ranged between $23,626 and $24,230, printing a flat performance pattern.

Bitcoin chart
Source: TradingView.com

Ethereum

Over the last 24 hours, Ethereum grew 0.8% to trade at $1,649 as of 07:00 ET. Its market dominance increased slightly to 18.%% from 18.4%.

ETH’s price performance mirrored BTC — ranging between $1,636 and $1,672 in a flat pattern.

Ethereum chart
Source: TradingView.com

Top 5 Gainers

Pundi X

PUNDIX is the day’s biggest gainer, rising 27% over the reporting period to $0.71480 as of press time. The project announced partnering with Binance Pay. Its market cap stood at $184.77 million.

Audius

AUDIO increased 18.7% in the last 24 hours to trade at $0.36840 as of press time. Audius said it had integrated Tik Tok related features. Its market cap stood at $362.49 million.

BinaryX

BNX is up 18.3% to trade at $176.247 as of press time. The project recently announced a token swap and revaluation plan. Its market cap stood at $502.56 million.

Bitgert

BRISE jumped 14.9% to $0.000000552605 as of press time. The project is teasing an announcement. Its market cap stood at $221.19 million.

Merit Circle

MC gained 13.2% in the last 24 hours to trade at $0.42866. Its market cap stood at $155.73 million.

Top 5 Losers

RSK Infrastructure Framework

RIF is the day’s biggest loser, falling 12.8% to trade at $0.13326 at the time of writing. Despite today’s sell-off, RIF is still 134% up over the last 30 days. Its market cap stood at $126.16 million.

Synapse

SYN shed 9.4% in the last 24 hours to trade at $1.41521. Its market cap stood at $197.81 million.

Alchemy Pay

ACH lost 9.2% to $0.04109 as of press time. Despite today’s sell-off, the token is still up 270% over the past month. Its market cap stood at $208.82 million.

Ankr

ANKR fell 7.5% to $0.04650 over the reporting period. Its market cap stood at $449.32 billion.

Nervos Network

CKB dumped 5.7% to $0.00579 in the last 24 hours. Its market cap stood at $230.2 million.

Posted In: Bitcoin, Wrapped

Source: https://cryptoslate.com/cryptoslate-daily-wmarket-update-4-billion-inflows-keeps-flat-market-ticking-over/